A promise kept. (economic growth in Slovenia)

From: The Banker | Date: January 1, 1996| Author: Jones, Colin | Copyright information

Slovenia has enjoyed considerable economic growth since its transition to a market-based economy in the early 1990s. In 1995, unemployment rates fell below the European Union average, while strict monetary policies and fiscal controls have reduced inflation to 10% from a high of 247% in 1991. The country's foreign exchange reserves also reached $3.4 billion in Sep. 1995 from $170 million in Sep. 1991.

Having escaped involvement in the Balkan war, Slovenia is set to regain economic gr...

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